NS - We have bought a house, 3% down on a TWP, so it can be done!
Jul 10th 2008, 6:27 pm
#16
BE Forum Addict
Joined: Aug 2007
Location: North
Posts: 1,357
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Looks fantastic. If you don't mind me asking: Was your offer below or above the asking?
Just trying to get a feel for if asking prices around Halifax are exceeded/met/reduced...
Just trying to get a feel for if asking prices around Halifax are exceeded/met/reduced...
Jul 10th 2008, 6:33 pm
#17
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Joined: Jun 2007
Location: Musquodoboit Harbour, Nova Scotia
Posts: 2,549
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Happy days.....I look forward to the house warming party.
Jul 10th 2008, 6:40 pm
#18
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,685
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
$319,000?
<goes away to find somewhere quiet and have a good cry>
<goes away to find somewhere quiet and have a good cry>
Jul 10th 2008, 6:40 pm
#19
NS covern member #1
Thread Starter
Joined: May 2007
Location: Halifax, Nova Scotia
Posts: 968
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
We bought it for $318,000, but in negociations we got increased cash back, so all told it would be $308,000. The house had not long been on the market, a matter of weeks and they were desperate to move, so it was priced well. Any good realtor will give you guidance by assessing what comparable properties have sold recently and for what, and also assessing how long the property has been on the market etc. Happy planning and hunting!
Jul 10th 2008, 6:43 pm
#20
NS covern member #1
Thread Starter
Joined: May 2007
Location: Halifax, Nova Scotia
Posts: 968
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Now come along............there is always room for one more in NS. If you're keen, I can leave a note at the door so the bouncers at the border let you in! 
Sorry. Not much help right?
Sorry. Not much help right?
Jul 10th 2008, 6:45 pm
#21
Forum Regular
Joined: Feb 2008
Location: Christchurch, NZ
Posts: 198
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Heya Poppy2
Good on you guys, great house. Must feel awesome to have things sorting themselves out!! Really exciting too that you can move in so quick!
Wohoo
Good on you guys, great house. Must feel awesome to have things sorting themselves out!! Really exciting too that you can move in so quick!
Wohoo
Jul 10th 2008, 7:29 pm
#22
BE Enthusiast
Joined: Jan 2008
Location: Nova Scotia
Posts: 429
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Great house, love the unusual design and I know the area. New to the market so you got in their quick, well done and Congratulations!
Jul 10th 2008, 7:33 pm
#23
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,685
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Where I live that lot alone would be worth about $10 million, unless there was some reason it couldn't be sub-divided.
Last edited by JonboyE; Jul 10th 2008 at 7:36 pm.
Jul 10th 2008, 7:35 pm
#24
BE Enthusiast
Joined: Feb 2005
Location: Toronto. ON
Posts: 919
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Nice house and well done on the mortgage.
http://www.mls.ca/PropertyDetails.as...ertyID=6849347
We moved to Halifax mid January this year and assumed we would need to rent until we got either a 35% deposit or PR, so dug in for the long haul in a rental property. But via BE I got in touch with a highly recommended Mortgage Broker in Kentville who has been more than wonderful. She works with a couple of lenders who specialize in lending to new immigrants with 5-3% downpayments. Add to that my OH has only been in his job for 3 months, we are on TWPs that expire in 18 months, I have a probationary period with my job that I have only just started. Also, our credit histories from NZ were nothing like as detailed as the ones required here, so they worked with us as we proved we had paid our bills and mortgage in a timely manner in NZ. Talk about flexible
We are so thrilled. We love here anyway, but this house is a dream come true for us, its just stunning and by far the best house we have ever owned. So we move after only 3 weeks from making an offer and getting accepted - crazy! Thats the 16th, next Wedndesday.
Please feel free to PM me for the Broker details, I am not sure if I can put her details in the thread, but she is wonderful and everything is done via email and fax. Same interest rate and fixed terms offered by other lenders, so no hidden penalties.
So excited! Could you tell?
We moved to Halifax mid January this year and assumed we would need to rent until we got either a 35% deposit or PR, so dug in for the long haul in a rental property. But via BE I got in touch with a highly recommended Mortgage Broker in Kentville who has been more than wonderful. She works with a couple of lenders who specialize in lending to new immigrants with 5-3% downpayments. Add to that my OH has only been in his job for 3 months, we are on TWPs that expire in 18 months, I have a probationary period with my job that I have only just started. Also, our credit histories from NZ were nothing like as detailed as the ones required here, so they worked with us as we proved we had paid our bills and mortgage in a timely manner in NZ. Talk about flexible
We are so thrilled. We love here anyway, but this house is a dream come true for us, its just stunning and by far the best house we have ever owned. So we move after only 3 weeks from making an offer and getting accepted - crazy! Thats the 16th, next Wedndesday.
Please feel free to PM me for the Broker details, I am not sure if I can put her details in the thread, but she is wonderful and everything is done via email and fax. Same interest rate and fixed terms offered by other lenders, so no hidden penalties.
So excited! Could you tell?
Jul 10th 2008, 10:07 pm
#25
Since 010205
Joined: Mar 2007
Location: Fall River, Nova Scotia
Posts: 162
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Congratulations you lot. Your new home looks awesome!
Jul 11th 2008, 12:40 am
#26
NS covern member #1
Thread Starter
Joined: May 2007
Location: Halifax, Nova Scotia
Posts: 968
Jul 11th 2008, 7:03 am
#27
Forum Regular
Joined: Feb 2008
Location: Whitby
Posts: 297
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
http://www.mls.ca/PropertyDetails.as...ertyID=6849347
We moved to Halifax mid January this year and assumed we would need to rent until we got either a 35% deposit or PR, so dug in for the long haul in a rental property. But via BE I got in touch with a highly recommended Mortgage Broker in Kentville who has been more than wonderful. She works with a couple of lenders who specialize in lending to new immigrants with 5-3% downpayments. Add to that my OH has only been in his job for 3 months, we are on TWPs that expire in 18 months, I have a probationary period with my job that I have only just started. Also, our credit histories from NZ were nothing like as detailed as the ones required here, so they worked with us as we proved we had paid our bills and mortgage in a timely manner in NZ. Talk about flexible
We are so thrilled. We love here anyway, but this house is a dream come true for us, its just stunning and by far the best house we have ever owned. So we move after only 3 weeks from making an offer and getting accepted - crazy! Thats the 16th, next Wedndesday.
Please feel free to PM me for the Broker details, I am not sure if I can put her details in the thread, but she is wonderful and everything is done via email and fax. Same interest rate and fixed terms offered by other lenders, so no hidden penalties.
So excited! Could you tell?
We moved to Halifax mid January this year and assumed we would need to rent until we got either a 35% deposit or PR, so dug in for the long haul in a rental property. But via BE I got in touch with a highly recommended Mortgage Broker in Kentville who has been more than wonderful. She works with a couple of lenders who specialize in lending to new immigrants with 5-3% downpayments. Add to that my OH has only been in his job for 3 months, we are on TWPs that expire in 18 months, I have a probationary period with my job that I have only just started. Also, our credit histories from NZ were nothing like as detailed as the ones required here, so they worked with us as we proved we had paid our bills and mortgage in a timely manner in NZ. Talk about flexible
We are so thrilled. We love here anyway, but this house is a dream come true for us, its just stunning and by far the best house we have ever owned. So we move after only 3 weeks from making an offer and getting accepted - crazy! Thats the 16th, next Wedndesday.
Please feel free to PM me for the Broker details, I am not sure if I can put her details in the thread, but she is wonderful and everything is done via email and fax. Same interest rate and fixed terms offered by other lenders, so no hidden penalties.
So excited! Could you tell?
Poppy2 - so pleased for you, it looks wonderful!
Jul 11th 2008, 7:41 am
#28
BE Forum Addict
Joined: Jun 2007
Location: Musquodoboit Harbour, Nova Scotia
Posts: 2,549
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Jul 11th 2008, 10:40 am
#29
NS covern member #1
Thread Starter
Joined: May 2007
Location: Halifax, Nova Scotia
Posts: 968
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Jul 11th 2008, 11:06 am
#30
Forum Regular
Joined: Feb 2008
Location: Whitby
Posts: 297
Re: NS - We have bought a house, 3% down on a TWP, so it can be done!
Yeah - whats happened to the The Republic of Nova Scotia's unofficial newspaper? thought that there would be some kind of announcement!